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BUSINESS

Customs seeks to tighten export rules in crackdown on origin loopholes

Business, Wichit Chantanusornsiri, Published on 23/01/2026

» The Customs Department wants to tighten local content criteria for goods produced in free zones to prevent the misuse of Thai origin privileges for exports to the US.

BUSINESS

US to strictly enforce origin verification for exports

Business, Wichit Chantanusornsiri, Published on 28/04/2025

» The US has targeted 50-60 products for strict origin verification to prevent the circumvention of trade rules through false claims of origin for exports to the US, according to Finance Minister Pichai Chunhavajira.

BUSINESS

Online vendors, influencers warned over tax compliance

Business, Wichit Chantanusornsiri, Published on 10/01/2025

» The Revenue Department issued a warning to independent business owners, particularly online vendors and influencers, to file their taxes correctly, insisting the department can leverage IT systems to monitor their tax compliance.

BUSINESS

Quick fix sought to bolster listing rules

News, Wichit Chantanusornsiri, Published on 04/07/2023

» Finance Minister Arkhom Termpittayapaisith has instructed the Stock Exchange of Thailand (SET) and the Securities and Exchange Commission (SEC) to speed up finding more effective measures to prevent falsified financial accounts from being used to list a company on the bourse.

THAILAND

Cannabis importer summoned

News, Wichit Chantanusornsiri, Published on 27/07/2022

» The Customs Department director-general has assigned a representative to file a complaint with police against an individual going by the name Julpaos Kresopon for making a false declaration to customs authorities regarding the type of goods he was importing.

BUSINESS

TCG's merchant of risks

Business, Wichit Chantanusornsiri, Published on 23/01/2021

» Labelling himself both an undertaker and merchant of risks, Rak Vorrakitpokatorn has a mission to help comatose small and medium-sized enterprises (SMEs) survive profound hardships during this major economic crisis.

BUSINESS

Temple charity fraud ignites e-donations

Business, Wichit Chantanusornsiri, Published on 22/06/2020

» The Revenue Department has set its sights on drawing temples nationwide to participate in an electronic donation system amid rising charitable donation receipt forgery for tax claims.

BUSINESS

Help for handout hopefuls

Business, Wichit Chantanusornsiri, Published on 02/04/2020

» The Finance Ministry will let registrants for the 5,000-baht cash handout either rectify their information or cancel requests for the subsidy to help them avoid breaching the law on providing false information, says the Fiscal Policy Office (FPO).

OPINION

Instability threatens economic growth

News, Wichit Chantanusornsiri, Published on 27/04/2019

» Without decisive winners from the March 24 poll, there are fears that political instability will affect the country's economy. Such concerns are understandable given that three parties, namely the pro-military Palang Pracharath Party, and Pheu Thai Party and Future Forward Party (which brand themselves as the anti-regime camp), are engaging in a post-election tug of war.

BUSINESS

Customs floats luxury car tax cut

Business, Wichit Chantanusornsiri, Published on 30/01/2018

» The Customs Department has already proposed lowering the import duty on luxury cars from the current rate of 80% of cost, insurance and freight (CIF) to the Finance Ministry, says an informed source at the department.